Radar Records, the company recently started by former United Artists' managing director Martin Davis and A&R head Andrew Lauder, have signed Elvis Costello and Nick Lowe as the first acts to the label.
They have concluded a long-term deal with Stiff Records' co-founder Jake Riviera of Riviera Global Productions to release Costello and Lowe material throughout the world excluding the USA, Canada, Norway, Sweden and Finland.
Riviera, commenting on the signings, said: "I'm so happy and I think it will turn out to be quite nice for everyone."
Costello and his band The Attractions are currently on tour in the United States.
Nick Lowe, a leading songwriter / producer, has produced chart albums this year for The Damned, Graham Parker And The Rumour, Dr Feelgood and Elvis Costello.